FIPS 40109 · population 806,199 · part of Oklahoma City, OK
The latest county-level Zillow ZORI is $1,359 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $939 | Oklahoma County, OK | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,017 | Oklahoma County, OK | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,244 | Oklahoma County, OK | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $1,675 | Oklahoma County, OK | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $1,857 | Oklahoma County, OK | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 40109. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Oklahoma County presents a cash-flow-versus-appreciation decision. Zillow’s 2026-06 county median home value is $226,557, up 0.04%, while FHFA’s separate 2025 repeat-transaction index rose 1.19%; these vintages and methods should not be blended. The thesis is more defensible for an underwriter testing current rent coverage than for one relying on near-term price growth. Appreciation-focused buyers should be cautious and investigate property-level comparables, because neither index is a forecast or a sale-price appraisal.
Measured median asking rent is $1,359 per month, and the stated gross yield is 7.2% before vacancy, repairs, management, financing, insurance, or taxes. HUD’s $1,244 two-bedroom FMR is a payment standard, not market rent; market rent is above that standard, but this does not establish voucher eligibility or collections. The 0.97% effective property-tax rate is a recurring carrying cost, so the gross figure is not a net return. Rent, price, and tax evidence support screening, not a completed property-level pro forma.
Realtor.com’s MLS evidence shows median listing price down 3.27% and active listings up 13.84%; price reductions are also visible. These are asking-price, visible-supply, marketing-time, and concession signals—not closed sales or proof of buyer demand. QCEW provides covered employment at county workplaces, with reported employment and wage growth; its largest disclosed private supersector is Trade, transportation, and utilities. Tax-return movers produced net migration of 188, while average AGI was higher among out-movers by a calculated gap of negative $5,310. That combination supports a measured demand case, not a strong one.
The dominant modeled hazard is inland flood, with expected annual building loss of 0.15%; that is a screening ratio, not an insurance quote or dollar loss. Non-occupant buyers represent 21.31% of 9,675 purchase mortgages, making investor participation material but not the market as a whole. Next checks are parcel-level flood maps, elevation and drainage, claims and insurance quotes, lease-level rent evidence, vacancy, repairs, financing, and closed-sale comps. Those items are not published here, so the record cannot validate net yield, property-level flood cost, or resale and absorption assumptions.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Across the selected direct-evidence set, Zillow’s June 2026 ZORI—a typical observed asking-rent index—runs from $857 in 73109 to $1,697 in 73013, an $840 spread, with a $1,252 median. Oklahoma County’s ZORI is $1,359, so the decision question is not whether one ZIP sets the county rent, but which current asking-rent band fits a renter’s budget and unit search. Values sit on both sides of the county index, which argues for searching the relevant ZIPs rather than applying one county figure to every inquiry. This index is a typical market-level asking-rent measure, not a quote for a particular building, bedroom count, or lease.
Do not substitute other measures for ZORI. The ACS five-year survey puts county median gross rent at $1,116; among shown ZCTAs, the estimate ranges from $903 to $1,547. Reported gross rent has a different period, respondent base, and construction from Zillow’s current asking-rent index. HUD’s two-bedroom FMR is an administrative program standard: $1,244 countywide and $990–$1,700 across the shown ZIPs. Direct ZORI equals 86.6%–115.9% of the local HUD two-bedroom amount. That relationship can inform program or screening discussions, but it neither turns ZORI into a two-bedroom asking rent nor establishes a market premium over HUD.
Affordability signals do not follow current asking-rent order mechanically. The gross-income threshold associated with spending 30% of income on ZORI is $34,280 at the low end and $67,880 at the high end; it is a budget screen, not an estimate of renter income. ACS reports 39.9%–54.0% of renter households with rent burden at or above that threshold in the shown ZCTAs, versus 49.3% countywide. Estimated vacancy ranges from 4.7% to 14.1%. Lower vacancy is not proof of fewer current rental listings, and higher vacancy is not a concession signal: vacancy is a survey estimate of vacant housing, whereas burden records reported household rent-to-income experience. Consider the measures as context for trade-offs, not evidence of availability.
Coverage and geography limit what can be concluded. The display contains 12 direct-evidence ZIP/ZCTA matches from 32 eligible matches and therefore is not an exhaustive county inventory. ZCTAs are statistical areas, not USPS delivery ZIPs. Because ZIPs can cross county lines, assignment uses the largest HUD residential-address share; 73159, for example, has a 70.1% primary-county share. Before acting on any ZIP-level pattern, verify the exact address and county assignment, current listing availability and rent, bedroom count, utilities and fees, deposit, lease term, occupancy rules, and whether the unit qualifies for any relevant program.
32 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 73120 | $1,312 | $1,132 | $1,290 | 44.7% | 11.7% | $52k | 100.0% |
| 73110 | $1,139 | $1,044 | $1,170 | 42.8% | 9.1% | $46k | 99.7% |
| 73112 | $1,215 | $1,075 | $1,290 | 45.6% | 9.1% | $49k | 100.0% |
| 73159 | $1,398 | $1,168 | $1,260 | 44.9% | 6.1% | $56k | 70.1% |
| 73132 | $1,229 | $1,078 | $1,150 | 51.9% | 7.3% | $49k | 100.0% |
| 73127 | $1,275 | $915 | $1,100 | 41.1% | 14.1% | $51k | 83.6% |
| 73119 | $1,174 | $949 | $1,080 | 39.9% | 10.6% | $47k | 100.0% |
| 73114 | $1,378 | $1,181 | $1,290 | 41.4% | 13.6% | $55k | 100.0% |
| 73013 | $1,697 | $1,547 | $1,700 | 41.6% | 4.7% | $68k | 100.0% |
| 73107 | $1,166 | $1,048 | $1,160 | 45.3% | 12.4% | $47k | 100.0% |
| 73034 | $1,556 | $1,194 | $1,370 | 47.7% | 7.6% | $62k | 82.4% |
| 73109 | $857 | $903 | $990 | 54.0% | 10.6% | $34k | 100.0% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 73012 rental reportOklahoma County | Edmond, OK | $1,874 | ▲ 1.6% | 45.2% | 46,993 |
| ZIP 73013 rental reportOklahoma County | Edmond, OK | $1,697 | ▲ 2.1% | 41.6% | 58,023 |
| ZIP 73162 rental reportOklahoma County | Oklahoma City, OK | $1,666 | ▲ 2.4% | 52.1% | 28,728 |
| ZIP 73034 rental reportOklahoma County | Edmond, OK | $1,556 | ▲ 1.1% | 47.7% | 48,831 |
| ZIP 73003 rental reportOklahoma County | Edmond, OK | $1,552 | ▲ 0.4% | 52.2% | 23,236 |
| ZIP 73130 rental reportOklahoma County | Midwest City, OK | $1,541 | ▲ 4.1% | 45.1% | 21,476 |
| ZIP 73159 rental reportOklahoma County | Oklahoma City, OK | $1,398 | ▲ 4.7% | 44.9% | 31,447 |
| ZIP 73120 rental reportOklahoma County | Oklahoma City, OK | $1,312 | ▲ 2.7% | 44.7% | 35,559 |
| ZIP 73132 rental reportOklahoma County | Oklahoma City, OK | $1,229 | ▼ 0.7% | 51.9% | 27,834 |
| ZIP 73112 rental reportOklahoma County | Oklahoma City, OK | $1,215 | ▲ 2.6% | 45.6% | 30,372 |
| ZIP 73142 rental reportOklahoma County | Oklahoma City, OK | $1,186 | ▲ 2.7% | 46.3% | 17,548 |
| ZIP 73107 rental reportOklahoma County | Oklahoma City, OK | $1,166 | ▲ 1.9% | 45.3% | 25,791 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.151% of building value expected lost per year
$2,155 median annual bill
20,706 in · 20,518 out
$56,986 arriving · $62,296 leaving
2,062 of 9,675 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Oklahoma County | 806,199 | $227k | $1,359 | 7.2% | inland flooding |
| Cleveland County | 300,047 | $256k | $1,391 | 6.5% | inland flooding |
| Canadian County | 168,985 | $275k | $1,599 | 7.0% | inland flooding |
| Grady County | 56,606 | $250k | $1,361 | 6.5% | inland flooding |
| Logan County | 51,938 | $317k | $1,436 | 5.4% | inland flooding |
| McClain County | 45,273 | $289k | $1,658 | 6.9% | inland flooding |
| Lincoln County | 34,219 | $197k | n/a | n/a | inland flooding |
No. It is median asking market rent; the HUD two-bedroom figure is a separate payment standard.
Tax-return households show slight positive net migration, but average income is higher among out-movers.
It measures non-occupant participation in purchase mortgages, not all buyers and not proof of buyer demand.